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Tuesday, 16 February 2021 - 21:26 Energy Minister Udaya Gammanpila has stated that there is no change in the decision taken to hand over three northern islands belonging to Sri Lanka to three Chinese companies for a joint energy project to be implemented with China. He was responding to a question raised by a journalist at a media briefing at the Government Information Department today. (Video of the Ministers response in English at the end of the Article) The Cabinet had approved the allocation of Delft, Analativu and Nainativu Islands for the project on January 18. India concerned Meanwhile, Sri Lanka’s recent decision to pull out of the East Container Terminal (ECT) deal with India and Japan is not the only challenge to New Delhi’s interests emerging this year according to Indian media reports. A week before reneging on the 2019 Colombo Port terminal agreement, Sri Lanka cleared a Chinese energy project in three islands off Jaffna peninsula that are ba ....
Toronto, Ontario (Newsfile Corp. - February 16, 2021) - CGX Energy Inc. (TSXV: OYL) ( CGX Energy or the Company ) and its joint-venture partner Frontera Energy Corporation (TSX: FEC), are pleased to announce the completion of an independent Prospective Resource study and report (the Resource Report ) in respect of the Corentyne North Area, Corentyne Main Area and Demerara Block, offshore Guyana. The Company also disclosed the successful renegotiation of the Joint Venture s work commitments with respect to its Petroleum Prospecting License ( PPL ) for the Demerara block offshore Guyana and the Company s Berbice block onshore Guyana. Gabriel de Alba, Co-Chairman of the Board of Directors, commented: ....